BestB

Considering your risk assessment abilities I would stay away from attempting to be a phycologist 👍

lots of waffle with very little substance Lets start with your stats on review, did you bother to read trustpilot reviews for WR? all fake, including owner Patrick Lorentz wiring a review for himself. All have 1 review only, all quoting amounts paid in USD, which is funny considering thai hospitals do not charge in USD Not a single one quotes hospital or location where they were treated and yet all have location as Thailand. Their financials is not an extra risk but major red alarms going off risk. Fact that company is registered in one country, regulated by another but operating in third without any registration is more than major red alarms going off risk, this is church bells on fire As for your claim about agents and brokers, yet another made up nonsense. No only not a single reputable brokers with a shop front does not sell it but pathetically enough ones that do, do not even know what they are selling German broker in Jomtien, has no idea what registered capital is, who regulators are/is and according to him young people do not live in Thailand because they do not have visa's By all means, if your broker is one of those, then WR is best choice 😂

to warn clueless people like you, which clearly is falling on deaf ears

as Sheryl already pointed out and for the 5th time , WR targets only old and tight budget for a reason. As I pointed out earlier I was advised by WR if I was young and healthy, best I look elsewhere but if I was old and sick they are the company . This is utter nonsense which defies all logic and all insurance principles it’s like car insurance saying if you never had an accident we don’t want you but if you crash frequently will give you cover and cheaper than anyone else who does not crash and will not put your premium up when you do crash again and again and again

You are one of those, so unsure why you referring to others. i am sure all the “smart” ones who invested with Burnie were also convinced, putting aside all the red flags sad part is no matter how much anyone points out to obvious scam , all the red flags , you lot keep insisting it’s all good 😂 why? Because it’s cheap and because you were either lazy or too ignorant to do basic due diligence on the company

Just to clarify, full fare from pick up to final destination was 171 baht. Idiot decided to change half way through but Bolt driver wanted the full fare? and when taxi rider offered Bolt 100 which is already more than half for half the journey, Bolt took it but then wanted idiot foreigner to still pay the remaining money? Followed them to his house to try to get 71 baht instead of going to get a new customer ?

I have a suspicion all those holding a policy try to convince themselves it’s a legit policy despite all the facts pointing otherwise

If you think 1 million is acceptable capital , then all the best of luck to you 😂 and if you think it’s a reasonable bet , safe to assume you did not achieve much in life . and what happens when you suffer serious illness and you are denied or delayed ? Gofundme ? Or a new topic what to do ?

you can lead a horse to water but you can't make it drink. how many more red flags do you need to comprehend cheap does not mean must have ? same as other insurance companies ? Really ? Do tell how many other insurance companies has a score of 2? do tell which other insurance companies have a registered capital of 1 million and offer policies without increase , cover pre existing and age to 100? do tell which other insurance companies register in 1 country , regulated by another but operate in third? And do not offer cover to people of the country they operate in

Once you get a clue, come back 👍

Google is your friend 👍

In fairness, they are listed on Nevis site, with a registered capital of 1 million USD Putting aside laughable capital, Nevis is American, WR life is supposedly UK company, so makes you wonder why are they not registered with FCA or PRA and indeed, where do you file a complaint? and what authority would American regulator have over UK company? And what is Thai company that operates WR life?

They advertise that pre existing conditions covered after some period. Then pile of reviews claimed either ignored or denied. WR replies because pre existing condition pretty much to any review and many reviewers adding their policy number. one example broken arm and they reply pre existing condition. only need to read and pay attention 😉 and again, I was told if I was healthy best I look elsewhere but if I am sick then WR is for me , what do you suggest it means ?

If ? I am afraid this dumbo”s will be doing 7-10 years each if lucky, could be double that depending on the amount of drugs found

There is huge difference between disclosing pre existing condition and being aware it is not covered or has a loading and being told it is covered after a certain period of time but when you claim get denied 😉

past 2 reports, including one just 2 days ago was rejected for an unknown reason, mind you its something like 6-7 years on doing it online every 90 days. went in, in person asking why rejected only to not to get any explanation

Case in point , comparing a mouse to an elephant is simply idiotic.

Considering their advertising and target market, their customers will not have the means or the knowledge to take them on. Also WR Is not a Thai company, but supposedly UK company, but you right. It is best to take out a policy from a reputable company with decades in business and funds rather than individually owned shop with less than minimal capital and questionable set up from start to finish. insurance companies and banks insure their liabilities also through a 3rd party by purchasing reinsurance yet WR insures you and then reinsures themselves by themselves backed by themselves by their own company which has even less registered capital.

I thought I made it clear before that I was not . Was interested but after doing some due diligence stayed away. Spoke to 3 of their brokers and all 3 were incapable of providing clear answers so started digging myself. brokers make a proud claim that it’s underwriter is a UK company , where in reality it’s same, same owner. And what sealed it for me is when I was told it’s best for sick people, if I was healthy and fit best I look elsewhere. No health insurance company in their right mind would advise healthy person to look elsewhere while sick person to take their policy

Let’s do simple maths. WR along with underwriter total capital under 2 million USD. max yearly payout is 200 000 USD, so they can cover 10 people if all 10 were to make max claims 1 year later they sold policies to 1000 people and raised capital by another 1 million USD. now liabilities is 20 million USD , Money in the bank 3 million USD, deduct running cost of at least 10% , so 2.7 million , liabilities remain 20 million claims were only 10% ie 2 million , money left in the bank 700000 another year sold another 1000 policies , raised another million , liabilities now at 40 million, cash in the bank 1.7 million. Less same 10% running costs and less same 10% and we are now into minus numbers first 3 years and company already into negative, of course picture changes when claims are not paid or only selectively what rings bells for me personally besides the financials is fake positive reviews or feedback. Relying solely on google reviews , negative provide policy numbers , positive do not even name hospitals but a general praise recall reading review on Facebook from a guy who claimed when he turned 59 his existing policy refused to renew so he changed over to WR and has been super happy. When he was questioned which company and policy refused to renew at age 59, he stoped replying German broker in jomtien pushing WR when asked what was their capital and Thai registration , no reply and finally , again, why not offer policies to Thai people if they are a Thai registered business or operating legally in Thailand ? If anything Thai customers would be cheaper as hospitals charge less. as someone has claimed , they pay from the premiums, so if your claim during the time bank has money , you get paid, if not, then either ignored or denied. PS. Sorry to say but someone comparing April to WR is beyond idiotic. It’s like comparing mouse to an elephant. April registered capital is hundreds of millions of euros, over 150000 policies, decades in business , over 2000 employees and over a billion euros turnover

Well that is true as they clearly tell you so

I do not have any , but application form was also somewhat different . For example April asks if a smoker or drinker, AXA did not April asked any prior surgeries , AXA asked any surgeries in past 5 years only

May I ask , you say your family , Thai ? Because WR is not offering policy to Thai people, just something more for you to think about . Also, just a thought m, have a look at AXA, previously was one of the most expensive ones, but have now introduced a few new plans and prices surprisingly good with full coverage. i was with April international , changed over to AXA, half price premium. Admittedly yearly limit is much less. But enough to cover any incident . With April I had something like 100 million yearly , AXA I got 5 million but again half price premium

Google review, trustpilot and fb. it makes no difference what currency you paid, Thai hospitals do not charge in foreign currency but Thai baht. Thai hospitals quote in Thai baht and accept Thai baht payments only. By your own admission its direct billing so you would not even know how much until discharge and bill given and even then it’s in Thai baht if you wrong and people are made to pay and then claim , they will also be claiming in Thai baht because bill is in Thai baht I fully understand your insistence that it’s a good company and cover for fraction of the price, sadly all the evidence points in another direction. would you deposit money into a bank which does not have any capital ? This is no different. 1 million USD for insurance company is below any minimum or even anywhere near it 300 000 pounds for an underwriter is even worse

And now you starting to catch on. So if they have direct billing, then why all reviews people are made to pay and then claim and why those posting policy was paid quoting USD ?